Quote from @Chris Seveney: Lots of posts about people running with money etc and ghosting people here on BPWhile some deals have gone bad- one thing that is sticking out with those who ghost are their experienceLooking at this persons LinkedIn profile they started around 2020 (while having real estate background but not running a company) - this is a similar theme with many of the others.

Similar to you, I was going from renting to buying my first property.

No obvious structural issues from the listing, but the age suggests surprises are likely.Rehab Budget: • Low estimate = $50K (light updates) • More realistic = $75K (new kitchens/baths, flooring, paint, code updates) • High end = $100K+ if major systems need replacingRents (CMA comps): • 1BRs: ~$1,400–$1,750 each (https://prnt.sc/RMm854WPuPdk) • Stabilized Gross Rent: ~$4,200–$5,250/mo (~$50K–$63K/yr)Cap Rate: ~9% if rehab stays in the $50K–$75K range, falls closer to 7–8% if it pushes past $125KConstraints:FHA 203k requires me to live in one unit for 12 months, so only 2 units would generate rent in Year 1.With 2 units rented, cash flow looks negative (~–$600 to –$900/mo).With all 3 units rented after Year 1, cash flow flips positive (+$600–$800/mo) and grows with rent increases.My Question:For anyone who’s done a 203k or similar triplex rehab — does ~$75K sound realistic for getting this building into clean, rentable condition (floors, paint, kitchens, baths, basic systems)?

I'm a similar age and started house hacking  about five years ago myself.

So the process is:Identify a tenant segment that stays many years, pays the rent on schedule, and does not cause damage to the property.Determine what and where they rent todayBuy similar propertiesDo not listen to others’ opinions because every city is different; what works in Cleveland will not necessarily work in Houston.

Only listen to investors who have a substantial portfolio similar to the type you'd like to own4.

Listings still usually need to go on Zillow or similar platforms, so using Rentredi just for that is fine, but tenant communication and maintenance requests for a single unit might not need a full app yet.Where Baselane really stands out is on the financial side—banking, bookkeeping, and rent collection.

Start by checking platforms like Rentometer, Zillow, and Craigslist for similar SFHs within a few-mile radius, even if they're not in your exact target neighborhood.

I'd look specifically on the reports for sf and look to see if the units have similar finishes to validate comps to the target property

Evidence to GatherTo strengthen your appeal, consider:Comparable sales from the last 6–12 months of similar properties.Property record accuracy (square footage, garage, pool, additions).Photos showing property condition or issues.Income/expense analysis for rental or commercial properties.Exemption checks (homestead, veteran, senior, etc.).Optional expert reports for high-value or complex cases.4.